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Centerville, TX

The Best Mortgage Lenders in Centerville, TX

Compare verified mortgage lenders serving Centerville, Texas. Find competitive rates on conventional, FHA, VA, and jumbo loans from experienced professionals.

3
Top Lenders
4.8
Avg Rating
425+
Reviews
10
Loan Types

Available Loan Programs in Centerville

Conventional
FHA
VA
USDA
Jumbo
Refinance
Construction
First-time Homebuyer
Land Loans
Home Equity

Featured Mortgage Lenders

1

Benchmark Mortgage - Bryan/College Station

Benchmark Mortgage

★★★★☆
4.9/5

Benchmark Mortgage stands out as one of the highest-rated mortgage lenders serving the Centerville area from their nearby Bryan/College Station branch. With over two decades of experience, they've built an exceptional reputation for personalized service and competitive rates. Their local loan officers have deep knowledge of Central Texas real estate markets and specialize in both purchase loans and refinancing. Customers consistently praise their transparent communication, efficient closing process, and ability to handle complex loan scenarios. As a direct lender with in-house underwriting, they can often provide faster closings than many competitors.

Experience:25 years
Reviews:185 customer reviews
1700 University Drive East, College Station, TX 77840

Loan Types:

ConventionalFHAVAUSDAJumboRefinanceConstruction
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2

PrimeLending - College Station

PrimeLending

★★★★☆
4.8/5

PrimeLending's College Station branch has established itself as a top choice for Centerville area homebuyers seeking exceptional service and local expertise. Their team specializes in guiding clients through the entire mortgage process with clear communication and competitive rate options. Particularly noted for their strength with first-time homebuyer programs and VA loans, they offer a comprehensive range of mortgage products. The local branch maintains strong relationships with real estate professionals throughout Central Texas, ensuring smooth transactions from application to closing. Their consistently high customer satisfaction ratings reflect their commitment to making the mortgage process straightforward and stress-free.

Experience:15 years
Reviews:142 customer reviews
303 University Drive East, College Station, TX 77840

Loan Types:

ConventionalFHAVAUSDAFirst-time HomebuyerRefinanceConstruction
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3

Prosperity Bank - Huntsville

Prosperity Bank

★★★★☆
4.7/5

Prosperity Bank brings strong regional banking expertise to Centerville homebuyers from their nearby Huntsville location. As a Texas-based community bank with deep roots in the region, they offer the personalized service of a local lender combined with the resources of a substantial financial institution. Their mortgage team excels at understanding the unique needs of rural and small-town properties common in the Centerville area. Customers appreciate their straightforward approach, competitive rates for conventional and government-backed loans, and the convenience of having both mortgage and banking services under one roof. Their long-standing presence in East Texas communities ensures they understand local market conditions and can provide tailored financing solutions.

Experience:20 years
Reviews:98 customer reviews
1400 11th Street, Huntsville, TX 77340

Loan Types:

ConventionalFHAVAConstructionLand LoansRefinanceHome Equity
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Frequently Asked Questions

Common questions about mortgage lending in Centerville, TX

Are there any special mortgage programs for first-time homebuyers in Centerville, TX?

Yes, the Texas Department of Housing and Community Affairs (TDHCA) offers the My First Texas Home program, which provides down payment assistance and competitive interest rates. This program is particularly beneficial in Centerville, where median home prices are more accessible than in major metros, allowing assistance funds to go further. Local lenders and credit unions in Leon County are well-versed in these state programs.

How do property taxes in Centerville, TX, affect my monthly mortgage payment?

Leon County property taxes are a significant component of your monthly escrow payment. While Texas has no state income tax, property tax rates are relatively high; in Centerville, the combined county and school district rate typically ranges from 1.7% to 2.0% of the appraised value. Your lender will calculate this into your PITI (Principal, Interest, Taxes, Insurance) payment, so it's crucial to budget for this when determining how much house you can afford.

What is the typical down payment required for a mortgage on a rural property just outside Centerville?

For rural properties in the areas surrounding Centerville, a standard down payment is often 20% to avoid private mortgage insurance (PMI). However, if the property qualifies, you may use a USDA Rural Development loan, which requires 0% down. Many homes on the outskirts of Centerville are eligible for this program, making homeownership more accessible with no down payment requirement.

How does Centerville's housing market, with its older housing stock, impact the mortgage appraisal process?

Centerville has many charming, older homes, which can lead to more stringent appraisal and inspection requirements. Lenders may require specific repairs for health and safety (like updating old electrical systems or plumbing) before loan approval. It's advisable to work with a local lender familiar with appraisers who understand the valuation of historic or older properties in small Texas towns.

Are mortgage rates different in Centerville, TX, compared to larger cities like Houston or Dallas?

Mortgage rates are primarily set by national markets, so they are generally consistent. However, your final rate can be influenced by local factors like the lender's operating costs and competition. In Centerville, you may find that local community banks or credit unions offer competitive, personalized service, but you might have fewer large institutional lenders to compare, so it pays to shop around both locally and online.

Mortgage Insights

Finding Your Perfect Home Loan Partner in Centerville, Texas

Searching for "house lenders near me" in Centerville is more than just a quick online query—it's the first step toward unlocking the door to your piece of Texas Hill Country. In a local market that values community and wide-open spaces, the lender you choose becomes a crucial partner who understands not just numbers, but the unique rhythm of life here in Leon County.

Centerville’s housing market offers a appealing blend of historic charm, newer subdivisions, and spacious rural properties. This variety means your financing needs could be just as diverse. A local lender with boots on the ground will have a nuanced understanding of property values on a quiet street off the square versus a acreage lot on the outskirts. They can accurately appraise the potential of a fixer-upper or the value of a well-maintained ranch home, ensuring your loan process reflects true local worth.

Your most practical first step is to look beyond the big national banks. While they have their place, prioritize established lenders with physical offices in or near Centerville, or those who actively serve our region. These professionals are familiar with the specific title companies, inspectors, and real estate agents who make our market tick, which can streamline your closing. When you meet with them, ask pointed questions: "How many loans have you closed in Leon County in the last year?" and "What unique challenges or opportunities do you see with Centerville properties?"

As a Texas homebuyer, you have access to fantastic state-specific programs that a knowledgeable local lender can guide you through. The Texas Department of Housing and Community Affairs (TDHCA) offers down payment assistance and competitive first-lender mortgages for qualified buyers through programs like My First Texas Home. These can be game-changers, especially for teachers, veterans, or first-time buyers looking to plant roots in our community. A lender familiar with these programs can seamlessly integrate them into your financing plan.

Here’s your actionable advice: Start by asking your trusted local real estate agent for two or three lender recommendations. Agents see lenders in action daily and know who provides smooth, reliable service. Then, set up consultations with at least two recommended candidates. Don’t just compare interest rates—compare their communication style, their understanding of your specific home goals, and their willingness to explain the Texas-specific paperwork. Finally, drive by the properties you're considering with your lender's pre-approval in hand, giving you the confidence and clarity to make a strong, swift offer when you find the right Centerville home.

By choosing a local lending partner, you’re not just securing a loan; you’re gaining a guide who knows the backroads, values, and opportunities that make buying a home here so special.

Nearby Cities

Explore mortgage lenders in cities near Centerville, TX

Why Choose a Mortgage Lender in Centerville?

Local Market Knowledge

Lenders who understand Centerville's housing market can offer better guidance and competitive rates.

Multiple Loan Options

Access to conventional, FHA, VA, USDA, and jumbo loans tailored to your financial situation.

Proven Track Record

Work with lenders who have years of experience and hundreds of satisfied customers in Texas.

Ready to Find Your Perfect Mortgage Lender?

Connect with top-rated mortgage professionals in Centerville and get competitive rates on your home loan.